The economy continues to signal weakness as unemployment rises to 9.2% in June. Employers added a net 18,000 jobs falling far below expectations and pushing the unemployment rate up 0.1%. The results fall far below the 7/7 ADP report that had expected unemployment to hold steady at 9.1% with employers adding over 100,000 jobs....Read more »

On Friday, the Bureau of Labor Statistics reported a jump in the unemployment rate to 9.8% signaling a continuation of a weak economy. Economists were predicting much stronger job growth in November and for the unemployment rate to remain unchanged at 9.6%. The November unemployment rate of 9.8% represents a seven month high as...Read more »